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Possible Pennant Breakout for GBP/JPY Pair in October 2018

October 10, 2018 by James Woolley Leave a Comment

GBPJPY Pennant - October 2018

Brexit Weighing Heavily on GBP Pairs The GBP pairs continues to be heavily influenced by Brexit, which obviously makes them difficult to trade because one piece of positive or negative news can result in huge price movements in either … [Continue reading]

Filed Under: Analysis Tagged With: breakout, gbpjpy, pennant

Is Forex Trading Being Overshadowed by Cryptos and Cannabis?

October 8, 2018 by James Woolley Leave a Comment

Horizons Medical Marijuana Life Sciences ETF

Popularity of Cryptocurrencies in 2017 Bitcoin, Ethereum, Litecoin, Ripple and many other cryptocurrencies really exploded in popularity in 2017 as the price of these instruments continued to rocket higher and higher, making thousands of people … [Continue reading]

Filed Under: News Tagged With: cannabis, cryptocurrencies, forex

EUR/USD Analysis – The Power of Pin Bars and Inside Bars

October 5, 2018 by James Woolley Leave a Comment

EURUSD Price Chart - October 2018

Introduction The EUR/USD pair traded in a sideways trading range for much of the summer, but suddenly burst into life in August when the price broke out to the downside. It eventually found support at 1.1300 and came back into the previous … [Continue reading]

Filed Under: Analysis Tagged With: eurusd, inside bar, pin bar, trendline

USD/JPY Soars To 114 After Breakout

October 1, 2018 by James Woolley Leave a Comment

USDJPY Price Chart - 10 September 2018

Trading Price Breakouts If you are new to forex trading, one of the easiest ways to get started is to simply concentrate on trading price breakouts. The key here is to find currency pairs that are trading sideways in a narrow trading range on the … [Continue reading]

Filed Under: News Tagged With: breakout, usdjpy

Bitcoin’s Peaks Are Getting Lower – Needs To Break Above $7000

September 28, 2018 by James Woolley Leave a Comment

Bitcoin Chart - September 2018

Bitcoin Predictions It is always interesting to keep an eye on the price of Bitcoin because in the past we have seen some crazy price swings. Indeed there was a time when it rocketed up to around the $20,000 level and so-called experts were … [Continue reading]

Filed Under: Analysis Tagged With: bitcoin, bitcoin price, breakout

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